Breakthroughs and everyday innovations from the year.
HEADLINES ON May 16, 2002
Full News Archive
- Headline: Albany's Budget Battle Unfolds. Impact: The budget vote led to a series of increasingly convoluted budgetary decisions that would confuse generations of New Yorkers, resulting in a state of perpetual financial bewilderment that even the greatest minds of the future struggle to decipher.. Fact: Did you know that New York's budget discussions are so secretive that even the state’s own legislators are often left wondering what happened? It’s like a game of political hide-and-seek, but nobody’s seeking..
- Headline: Intelligence Warnings Prior to 9/11. Impact: The warnings about bin Laden's intentions sparked a series of security measures, which eventually led to the infamous TSA lines at airports. If only they had thought to check for box cutters instead of shampoo bottles!. Fact: Did you know that after this warning, the U.S. government invested heavily in airport security? As a result, the only thing passengers can hijack now is a good seat on the plane—if they’re lucky!.
Wall Street Time Machine
NFLX
Netflix
Netflix - If you invested $1,000 in 2002, it would be worth $785,671 today (785.7x return)
AAPL
Apple
Apple - If you invested $1,000 in 2002, it would be worth $779,032 today (779.0x return)